Century Aluminum Co (NASDAQ:CENX) saw a large growth in short interest in September. As of September 28th, there was short interest totalling 6,199,717 shares, a growth of 45.3% from the September 14th total of 4,265,748 shares. Currently, 12.6% of the company’s stock are short sold. Based on an average daily volume of 3,276,273 shares, the short-interest ratio is presently 1.9 days.
CENX stock opened at $10.16 on Friday. The company has a current ratio of 2.89, a quick ratio of 1.16 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 28.22 and a beta of 0.72. Century Aluminum has a 1 year low of $9.85 and a 1 year high of $24.77.
Century Aluminum (NASDAQ:CENX) last posted its quarterly earnings results on Wednesday, August 1st. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $470.00 million for the quarter, compared to analyst estimates of $458.03 million. Century Aluminum had a return on equity of 8.11% and a net margin of 4.22%. Century Aluminum’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.01 EPS. Equities analysts forecast that Century Aluminum will post 0.91 EPS for the current fiscal year.
Hedge funds have recently bought and sold shares of the business. United Services Automobile Association acquired a new stake in shares of Century Aluminum during the 2nd quarter worth about $159,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Century Aluminum during the 2nd quarter worth about $166,000. Engineers Gate Manager LP acquired a new stake in shares of Century Aluminum during the 2nd quarter worth about $197,000. CIBC World Markets Inc. acquired a new stake in shares of Century Aluminum during the 1st quarter worth about $200,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in shares of Century Aluminum by 497.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,550 shares of the industrial products company’s stock worth $207,000 after acquiring an additional 10,450 shares in the last quarter. 56.00% of the stock is currently owned by institutional investors.
Century Aluminum Company Profile
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.
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